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New Firms' Network Ambitions
Aren't Yet Seen as Cisco Threat

By

Nick Wingfield The Wall Street Journal Interactive Edition

Updated Dec. 18, 1997 12:22 a.m. ET

SAN FRANCISCO -- Cisco Systems Inc. was among the strongest technology stocks on Wednesday, as the sector posted gains before slipping into negative territory late in the day. Analysts believe the networking-gear company is well ahead of its competitors, at least for now.

On its first day of trading after a three-for-two stock split, the San Jose, Calif., networking giant's stock was among the most actively traded issues on the Nasdaq...